TB MC Qu. 05-100 (Static) NeNe is an accountant and a U.S. citizen who... NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial services company. This year, NeNe spent the entire year working in Madrid. NeNe's employer paid $40,000 of her Madrid housing expenses this year. What amount of the $40,000 housing payments may NeNe exclude? Multiple Choice $15,218 $17,392 $22,608 None of her salary can be excluded from gross income. NeNe can exclude all of the housing payment because she worked more than 330 days overseas